Property Type: Condo / ApartmentOwnership: Strata

578 Lakeshore Drive Unit# 402

Penticton, BC V2A1B9

$874,900

2 bed2 bath2 parking1,305 sqftBuilt 1986
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$700/mo
Annual property tax
$4,221.26

Maintenance Fee Includes

GarbageManagement

Also included: Ground Maintenance, Insurance, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Laminate

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
2 — covered indicated
Features
Carport, Rear

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomMain level11' x 12'
3pc Ensuite bathMain level
4pc BathroomMain level
FoyerMain level4' x 5'
Primary BedroomMain level14' x 14'
Dining roomMain level10' x 16'
Living roomMain level13' x 16'
KitchenMain level9' x 10'

Listing Information

MLS®
10397103
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Wake up, make coffee, sit on deck, stare at lake.....that's the life! Great top floor corner unit overlooking Okanagan Lake. Fully renovated building. Unit is new from studs out. Open floor plan with views from living room, dining room, and kitchen. Bonus views from west facing Primary suite deck. Skylights add extra light to the home. Large kitchen island provides lots of counter space with quartz countertops and extra cupboards below it. Primary suite boasts full bath with walk in shower, and walk in closet. Small, 9 unit strata makes for simple living. (id:63159)

Values & Trends

This listing

$670/sqft

Building average

$570/sqft

1 active listing(s)

Main North average

$527/sqft

46 active listing(s)

Parking: 2 stall(s) includedStorage locker: Included

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

17°C

Mainly Clear

Humidity 67%

Wind NE 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Queens Park ElementaryElementary613 m
ConnectEd - Alternative ProgramsSecondary1.5 km
Secondaire de PentictonSecondary1.6 km
Penticton SecondarySecondary1.6 km
Penticton Christian School(Independent)K-121.8 km
Uplands ElementaryElementary2.0 km
West Bench ElementaryElementary2.0 km
Holy Cross School(Independent)Elementary/Middle2.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Patio Burger & ice cream co.182 m
  • Cambo Beach · 914 West Lakeshore Drive318 m
  • Villa Rosa · 795 Westminster Avenue432 m
  • Elma · 994 Lakeshore Dr W438 m
  • Salty's Beach House · 1000 Lakeshore Dr W451 m

Cafes (3)

  • Balance Vegetarian Shop and Tea Room482 m
  • Wayne & Freda · 249 Westminster Avenue W495 m
  • Bellevue Cafe753 m

Parks (5+)

  • Lakawanna Park254 m
  • Unnamed465 m
  • Unnamed504 m
  • Rotary Park516 m
  • Queens Park555 m

Banks & ATMs (4)

  • Unnamed677 m
  • BMO691 m
  • Valley First Credit Union725 m
  • CIBC787 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$699,920.00
Periodic payment — Principal & Interest (monthly)$4,515.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,116.77
Total monthly cost$5,632.42
Interest paid over 5-yr term$200,599.08
Balance at end of term$629,580.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,490
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.15

Cash Needed at Closing

Minimum down payment$62,490
Estimated BC PTT$15,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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